FALCON POWERS – European shares saw little change on Tuesday as investors refrained from making big bets ahead of key data from the Eurozone, while the energy sector posted the biggest losses after a decline in global oil prices.
By 0710 GMT, the pan-European STOXX 600 index was flat at 514.87 points after touching a three-week high in the previous session. The oil and gas sector was the biggest decliner on the benchmark, falling around 1% as crude oil prices fell amid easing geopolitical risks and weak demand from China.
Technology shares rose 0.6%, led by a 1.3% gain in ASML Holding.
Markets are awaiting Eurozone consumer price data, which is due to be released at 0900 GMT.
German producer prices fell 0.8% year-on-year in July, in line with expectations. The German DAX index gained 0.2%.
There was little change in the Swedish benchmark index ahead of the central bank’s interest rate decision.
In individual stocks, Danske Bank rose 2.1% after the Danish lender reported first-half results.
